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Last Post: 2/9/2012 1:10:23 PM - Followers: 2 - Board type: Free - Posts Today: 0

Canadian Oil Recovery and Remediation Enterprises Ltd (CORRE)

CORRE (www.corre.com) is a Canadian-based clean technology company that provides innovative and
complete oil waste management and environmental solutions to its customers. CORRE’s service lines
include remediating oil-contaminated soil; treating sludge, oil based muds and drilling waste; oil
recovery; automated oil storage tank cleaning; oil and gas engineering and project management; as well
as waste management. CORRE provides its services through its owned and operated Advanced Recovery
Equipment Systems (“ARES”) and through strategic operating partnerships. ARES is a platform of
services and operating equipment facilities based on proven technologies and innovative operating
processes. CORRE’s customers are primarily in the upstream petroleum sector (oil production and
drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution
companies).

About Hudson Securities
Hudson Securities, Inc. (www.hudsonsecurities.com) is a full-service investment bank that specializes in
raising capital and providing corporate finance and advisory services to micro to mid-cap issuers in the
U.S. and abroad across a wide industry spectrum. Its execution expertise and market making capabilities
span over 10,000 U.S. and foreign securities including equities, equity derivatives, and American
Depositary Receipts (ADRs). Hudson's institutional research analysts publish unbiased, idea-driven
research focused on micro to mid-cap companies listed in the U.S.

CORRE ANNOUNCES SIGNIFICANT OPERATIONAL DEVELOPMENTS AND
CROSS LISTING OF SHARES ON U.S. TRADING PLATFORM
Toronto, Ontario, November 18, 2010- Canadian Oil Recovery and Remediation Enterprises Ltd.
(OTCQX: CRVYF, TSX-V: CVR) ("CORRE" or the "Company") is very pleased to announce that it
has achieved another significant operational milestone. CORRE, through its SAR-CORRE MENA Ltd.
(“SCM”) operating partnership, is now officially a pre-qualified and approved service provider and
general contractor to the Kuwait Oil Company (“KOC”) for contracts relating to two distinct services –
soil remediation (which includes oil recovery) and waste management.
This represents one of CORRE’s strongest operational developments to date. Furthermore:
1. These pre-qualifications have paved the way for SCM to directly tender for upcoming large-scale
and high-value soil remediation, oil recovery and waste management contracts to be released
from KOC, including the clean-up of the Kuwait Oil Lakes.
2. SCM is now one of only a select group of global companies that has achieved pre-qualification
status to provide these specific services to KOC.
3. The appointment of pre-qualified companies by KOC is a positive indicator and precursor for the
release of upcoming lucrative soil remediation tenders, estimated to start in early 2011. The
market size for these services in Kuwait alone is estimated to be in excess of $3.5 billion of total
future contract values.
4. Anticipating KOC pre-qualifications and the onset of the Kuwait Oil Lakes tenders, SCM has
been preparing CORRE’s proprietary ARES I soil washing and oil recovery operating facility
directly in Kuwait to operate continuously, efficiently and in a cost-effective manner at a
processing rate of 15-20 tons per hour. This strong operating performance provides SCM with a
significant competitive advantage relative to other competing technologies.
5. SCM is now well positioned to directly bid for KOC tenders as general contractors or to become
the soil remediation and oil recovery sub-contractor of choice for other pre-qualified companies
who have the logistics to deal with large-scale soil remediation and oil recovery projects, but do
not have the proven processing facilities like CORRE’s ARES I. SCM has already been
approached by other international pre-qualified companies.
6. Pre-qualification status by KOC is recognized as an achievement of a highly rigorous global
standard. Therefore, SCM’s pre-qualifications will facilitate broader pre-qualifications and
acceptance of SCM with other MENA national oil companies enabling SCM to continue its
business development in other strategic markets, including Saudi Arabia.
SCM is the joint operating partnership of CORRE and SAR AS. SAR AS is a leading world class supplier
of oil waste management and environmental services to the Norwegian onshore and offshore petroleum
industry, as well as to other international locations.
CORRE is also pleased to announce that starting today CORRE will begin trading on the U.S. OTC
market’s highest tier, OTCQX®. CORRE’s trading symbol on the OTCQX International will be
“CRVYF”. Hudson Securities, Inc., a full-service investment bank specializing in raising capital and
providing corporate finance and advisory services to macro and mid-cap issuers, will serve as CORRE’s
Principal American Liaison on the OTCQX and lead market maker.

Forward Looking Statements
Except for statements of historical fact relating to the Company, certain information contained herein constitutes
forward-looking statements. Forward-looking statements are based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected in the forward-looking statements.
Except as required by applicable securities requirements, the Company undertakes no obligation to update forwardlooking
statements if circumstances or management's estimates or opinions should change. The reader is cautioned
not to place undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
For further information contact:

CORRE
Alex Gress, CFO, Senior V-P & Director
Tel: (416) 368-4027
Email: agress@corre.com
Lindsay Cross

Company Website:

http://www.corre.com/

Business Partnerships:

Strategic Alliance: CANAR Trading and Contracting Company

http://www.canartc.com/flash/services.htm

Strategic Operating Partners:

1. SAR AS is a leading Norwegian wastemanagement firm in offshore and onshore drilling

http://www.sargruppen.no/

2. TG Engineering:

http://www.tgeng.com/

Financials:

1. UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
THREE AND SIX MONTHS ENDED JUNE 30, 2010 AND 2009
http://www.corre.com/images/pdf/Interim%20Financial%20Statements%20%20Aug%2025,2010.pdf
Management discussions and analysis
http://www.corre.com/images/pdf/MD&A%20Aug%2025,2010.pdf

2. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2010 AND DECEMBER 31, 2009http://www.corre.com/images/pdf/Interim%20Financial%20Statements-%20May%2031,%202010.pdf

Management discussions and analysis

http://www.corre.com/images/pdf/MD&A-%20May%2031,2010.pdf

3. CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2009 AND DECEMBER 31, 2008

http://www.corre.com/images/pdf/Audited%20Annual%20Financial%20Statements-%20April%2030,2010.pdf

Management Discussions and analysis

http://www.corre.com/images/pdf/MD&A%20April%2030,2010.pdf 

News Releases:

1. Nov 18 2010 - CORRE ANNOUNCES SIGNIFICANT OPERATIONAL DEVELOPMENTS AND
CROSS LISTING OF SHARES ON U.S. TRADING PLATFORM
http://www.corre.com/images/pdf/corre-%20announces%20significant%20operational%20developments%20and%20cross%20listing%20of%20shares%20on%20us%20trading%20platform-%20nov%2018.pdf

2. CORRE Announces Issuance of Financing Fees Shares October 8, 2010

http://www.corre.com/images/pdf/corre%20announces%20issuance%20of%20financing%20fee%20shares%20october%2082010.pdf

3. CORRE Announces Addition of New Directors and Opening of New Office in Dubai September 20, 2010 http://www.corre.com/images/pdf/corre%20announces%20new%20directors%20and%20opening%20of%20dubai%20office%20september%2020%202010%20%20final.pdf

4. CORRE Provides Update on ARES I Optimization Program August 23, 2010
http://www.corre.com/images/pdf/corre%20provides%20update%20on%20ares%20i%20optimization%20program%20august%20232010%20final.pdf

5. CORRE Announces Closing of Unit Offering July 6, 2010 http://www.corre.com/images/pdf/corre%20-%20announces%20closing%20of%20unit%20offering%20july%206%202010.pdf

6. CORRE Announces $5 Million Debenture Conversion and Release of Financing Proceeds June 17, 2010

http://www.corre.com/images/pdf/corre%20-%20press%20release%20announcement%20of%205%20million%20debenture%20conversion%20and%20release%20of%20financing%20proceeds.pdf

7. CORRE Announces New Addition to Management Team June 7, 2010

http://www.corre.com/images/pdf/CORRE_Announces_New_Addition_to_Management_Team_June%207_2010.pdf

8. CORRE - Announces Unit Offering May 21, 2010
http://www.corre.com/images/pdf/CORRE%20-%20Announces%20Unit%20Offering%20May%2021,2010.pdf
9. CORRE Provides Update on Financing - May17, 2010
http://www.corre.com/images/pdf/corre%20-%20press%20release%20announcement%20of%205%20million%20debenture%20conversion%20and%20release%20of%20financing%20proceeds.pdf

10 CORRE Provides Update on ARES I Optimization Program- May 12, 2010.pdf

http://www.corre.com/images/pdf/CORRE%20Provides%20Update%20on%20ARES%20I%20Optimization%20Program-%20May%2012,%202010.pdf

11.CORRE Engages Investor Relations Group- May 5, 2010
http://www.corre.com/images/pdf/CORRE_May%205,%202010%20(FINAL).pdf

12 CORRE Announces Mobilization of ARES I Facility- February 23, 2010

http://www.corre.com/images/pdf/CORRE_February%2023,%202010%20(FINAL).pdf
13. CORRE Announces Partnership with TG Engineering Inc.- December 30, 2009

http://www.corre.com/images/pdf/CORRE_December%2030,%202009%20(FINAL).pdf
14. CORRE Announce Agreement with Leading Oil Recovery and Remediation Company in Kuwait- December 24, 2009

http://www.corre.com/images/pdf/CORRE_December%2024,%202009%20(FINAL).pdf

15. CORRE Consolidates Management in Toronto Office- December 17, 2009

http://www.corre.com/images/pdf/CORRE_December%2017,%202009%20(FINAL).pdf

16. CORRE Announces Strategic Partnership with Leading Waste Management Company- December 14, 2009

http://www.corre.com/images/pdf/CORRE_December%2014,%202009%20(FINAL).pdf





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PostSubject
#21   Thank Expediter, jjwood 02/09/12 01:10:22 PM
#20   Hi JJ, lot more chatter on stockhouse about Expediter 02/08/12 12:56:47 PM
#19   Hello all, jjwood 02/01/12 10:33:08 AM
#18   Still here Joan! Corre has more potential than Expediter 09/09/11 09:18:13 AM
#17   I still think the company as potential BUT joan3 09/07/11 04:21:39 PM
#16   i think it has good potential but the joan3 09/07/11 01:06:51 PM
#15   I'm always watching! Not sure what to make UpTickMeASAP 09/06/11 06:11:42 PM
#14   Anyone following this still? Kuwait is so joan3 09/06/11 05:48:47 PM
#13   CORRE Provides Update on Kuwait Operations tjodel 05/13/11 07:15:28 PM
#12   $CRVYF$News socialmedia investing 04/11/11 01:13:01 PM
#11   News!!!! CORRE Selects Lead Agent to Arrange Financing Expediter 02/08/11 04:54:23 PM
#10   on a good little run! I know it's Expediter 02/08/11 02:21:27 PM
#9   http://www.marketwire.com/press-release/Upstream-Article-Describes-Upcoming-Kuwa UpTickMeASAP 01/27/11 01:09:01 PM
#8   just got back and I really like this Expediter 01/20/11 08:55:22 AM
#7   might see gap in am ShierCon 01/05/11 12:35:14 AM
#6   CORRE Covers Another Crucial Operational Milestone and Finalizes ragmuff 01/04/11 06:27:14 PM
#5   Happy New year! ShierCon 01/02/11 06:41:45 AM
#4   Hi Shier, I,ve been with this one and Expediter 12/11/10 09:53:09 PM
#3   Hey Expediter, saw this one last week and ShierCon 12/11/10 04:17:50 PM
#2   CORRE in Dialogue With Leading International Oil and Expediter 12/08/10 05:39:40 PM
#1   Good day everyone ! I might as well Expediter 11/20/10 09:34:32 PM
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